Why insider trading matters?

When insiders buy shares on the open market, this can thus be regarded as a strong endorsement by those that know the company the best -- they are literally betting their own money on the company's future. Insider selling, however, is not necessarily meaningful in any way, as there is a range of reasons for insiders to liquidate (some) of the shares they own.

- Seeking Alpha
Tradeweb Markets Inc. (TW)
Sector: Financial Services; Industry: Capital Markets

Tradeweb Markets Inc. builds and operates electronic marketplaces in the United States and internationally. It offers pre-trade data and analytics, trade execution, and trade processing, as well as post-trade data, analytics, and reporting services. Its customers include asset managers, hedge funds, insurance companies, central banks, banks and dealers, proprietary trading companies, retail brokerage and financial advisory companies, and regional dealers. The company was founded in 1996 and is headquartered in New York, New York.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-06-21 WARSHAW ROBERT J Chief Financial Officer Sell 16,022 $85.15 $1,364,217 Yes
2021-06-17 WARSHAW ROBERT J Chief Financial Officer Sell 18,978 $85.04 $1,613,893 Yes
2021-03-19 WARSHAW ROBERT J Chief Financial Officer Sell 1,789 $72.26 $129,265 No
2021-03-01 WARSHAW ROBERT J Chief Financial Officer Sell 30,000 $72.21 $2,166,216 Yes
2021-02-01 WARSHAW ROBERT J Chief Financial Officer Sell 15,382 $63.22 $972,464 No
2020-12-15 WARSHAW ROBERT J Chief Financial Officer Sell 15,419 $65.33 $1,007,351 Yes
2020-11-16 WARSHAW ROBERT J Chief Financial Officer Sell 16,000 $59.69 $955,025 Yes
2020-10-15 WARSHAW ROBERT J Chief Financial Officer Sell 16,000 $58.49 $935,795 Yes
2020-09-15 WARSHAW ROBERT J Chief Financial Officer Sell 16,000 $54.36 $869,758 Yes
2020-08-17 WARSHAW ROBERT J Chief Financial Officer Sell 16,000 $54.77 $876,284 Yes
2020-07-15 WARSHAW ROBERT J Chief Financial Officer Sell 16,000 $54.45 $871,131 Yes
2020-06-15 WARSHAW ROBERT J Chief Financial Officer Sell 16,000 $62.53 $1,000,408 Yes
2020-05-15 WARSHAW ROBERT J Chief Financial Officer Sell 16,000 $60.41 $966,628 Yes
2020-04-15 WARSHAW ROBERT J Chief Financial Officer Sell 16,000 $50.72 $811,552 Yes
2020-03-16 WARSHAW ROBERT J Chief Financial Officer Sell 16,000 $41.04 $656,688 Yes
2020-02-18 WARSHAW ROBERT J Chief Financial Officer Sell 53,140 $48.90 $2,598,717 Yes
2020-02-04 WARSHAW ROBERT J Chief Financial Officer Sell 16,331 $46.76 $763,647 No
2020-01-21 WARSHAW ROBERT J Chief Financial Officer Sell 53,140 $45.75 $2,430,943 Yes
2019-04-08 WARSHAW ROBERT J Chief Financial Officer Buy 8,000 $27.00 $216,000 Yes

Insider Smart

PENN NATIONAL GAMING INC (PENN) - PENN took a deep dive from $36 to $5 due to the crash, anyone who was bold enough to pick up some shares in March or April could have made a 900% profit in 2 months. But bottom fishing is always easier said than done, if one took a safer bet and followed multiple insider buying around $18, a 100% profit is still impressive.